CHICAGO — Blueprint Healthcare Real Estate Advisors has acquired MidCap Financial Services’ FHA/HUD lending platform, marking a significant expansion of its Capital Markets practice.
Through the acquisition, Blueprint will be able to offer clients long-term financing solutions. According to the company, Blueprint plans to offer buyers acquisition financing and provide its broader client base with refinancing solutions.
Tony Marino has been appointed to lead the platform as senior managing director. Ramona Mitchell will serve as chief underwriter. Blueprint will also onboard the existing MidCap team, including Brian Therkildsen and Yvonne Redd.
“This step allows our clients greater optionality and access to long-term, permanent financing solutions,” says Ben Firestone, CEO of Blueprint. “It’s a natural extension of our mission to provide best-in-class advisory services throughout the asset lifecycle in our very special, growing industry.”
Completion of the acquisition is expected to close on or around April 1, subject to certain conditions.